联美控股(600167) - 2025 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2025 was CNY 257,479,313.42, a decrease of 26.00% compared to the same period last year[5] - Total profit for Q3 2025 was CNY 164,550.02, down 99.05% year-on-year[5] - Net profit attributable to shareholders was CNY 18,574,850.85, a decline of 39.60% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -37,025,708.58, a decrease of 821.65% year-on-year[5] - Basic earnings per share for Q3 2025 were CNY 0.0084, down 38.69% from the same period last year[5] - Net profit for the first three quarters of 2025 reached CNY 547,473,062.70, an increase of 4.3% from CNY 524,655,431.84 in the previous year[21] - The total comprehensive income for the first three quarters of 2025 was CNY 547,472,967.53, compared to CNY 524,655,367.23 in 2024, showing an increase of 4.3%[22] - The company's net profit for the first three quarters of 2025 was 423,573,610.51 RMB, down from 550,003,190.23 RMB in the same period of 2024, representing a decline of about 23.0%[30] - The total comprehensive income for the period was CNY 423,573,610.51, compared to CNY 550,003,190.23 in the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 16,033,458,868.07, a decrease of 6.88% from the end of the previous year[6] - The company's total current assets as of September 30, 2025, amount to ¥9,035,102,666.34, a decrease from ¥9,725,098,221.35 as of December 31, 2024[16] - The total liabilities decreased from ¥4,157,579,968.25 to ¥3,362,790,437.58 over the same period[17] - The total assets as of September 30, 2025, are ¥16,033,458,868.07, compared to ¥17,218,878,051.29 at the end of 2024[17] - The total liabilities decreased to CNY 4,368,150,920.39 in 2025 from CNY 5,594,672,366.15 in 2024, indicating a reduction of 21.9%[18] - The total equity attributable to shareholders increased to CNY 10,840,939,151.16 in 2025, compared to CNY 10,787,100,614.46 in 2024, reflecting a growth of 0.5%[18] - The total liabilities decreased from 3,589,872,361.37 RMB to 3,415,086,548.77 RMB, a reduction of about 4.9%[28] Cash Flow - Cash inflow from operating activities totaled CNY 1,412,489,620.77 in the first three quarters of 2025, slightly down from CNY 1,428,750,154.15 in 2024[24] - The net cash flow from operating activities was -333,953,810.99 RMB, compared to -295,066,148.29 RMB in the previous period, indicating a decline in operational cash generation[25] - Cash flow from operating activities for the first three quarters of 2025 was CNY 111,840,778.19, a significant improvement compared to a negative cash flow of CNY -83,160,187.52 in the same period of 2024[33] - Cash inflow from investment activities in the first three quarters of 2025 totaled CNY 2,134,644,372.55, while cash outflow was CNY 1,836,298,285.28, resulting in a net cash flow of CNY 298,346,087.27[34] - Cash flow from financing activities showed a net outflow of CNY -168,510,534.59 in the first three quarters of 2025, compared to a larger outflow of CNY -535,450,271.20 in the same period of 2024[34] Expenses - Research and development expenses increased by 138.44% due to the addition of new R&D personnel[10] - Research and development expenses increased significantly to CNY 22,839,637.96 in 2025, compared to CNY 9,578,741.68 in 2024, marking a rise of 138.5%[21] - The company reported a significant increase in investment income to CNY 30,070,644.31 in 2025, up from CNY 14,263,247.41 in 2024, representing a growth of 110.5%[21] - The company reported a significant increase in inventory by 64.31% due to increased coal stockpiling for heating services[9] - The company’s interest income was 52,560,337.77 RMB, down from 64,474,981.46 RMB, indicating a decrease of approximately 18.5%[30] - The company reported a decrease in tax payments from CNY 5,405,847.70 in 2024 to CNY 3,367,131.69 in 2025[33] - The company has not adopted new accounting standards or interpretations for the year 2025[35] Shareholder Information - The total number of common shareholders at the end of the reporting period is 50,226[13] - The largest shareholder, Lianzhong New Energy Co., Ltd., holds 1,198,817,284 shares, accounting for 52.98% of the total shares[13] - The company has pledged 521,166,771 shares of Lianzhong New Energy Co., Ltd. as collateral[13] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[15] Management and Reporting - The board of directors announced the financial results on October 29, 2025[36]